Barratt Redrow (LON:BTRW) Insider Geeta Nanda Buys 1,701 Shares of Stock

Barratt Redrow plc (LON:BTRW) insider Geeta Nanda acquired 1,701 shares of the firm’s stock in a transaction dated Wednesday, July 22nd. The shares were purchased at an average price of GBX 294 per share, with a total value of £5,000.94.

Barratt Redrow Stock Up 2.5%

Shares of LON BTRW opened at GBX 293 on Thursday. The company has a market capitalization of £4.10 billion, a PE ratio of 19.66 and a beta of 1.36. Barratt Redrow plc has a twelve month low of GBX 235.40 and a twelve month high of GBX 410.29. The firm has a fifty day simple moving average of GBX 267.12 and a 200 day simple moving average of GBX 302.57.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 350 price objective on shares of Barratt Redrow in a research note on Thursday, July 16th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 348 target price on shares of Barratt Redrow in a research note on Thursday, July 16th. Bank of America lowered their target price on Barratt Redrow from GBX 400 to GBX 280 and set a “neutral” rating for the company in a report on Friday, March 27th. Jefferies Financial Group reissued a “hold” rating and issued a GBX 289 price target on shares of Barratt Redrow in a research note on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Barratt Redrow from GBX 454 to GBX 366 and set a “buy” rating on the stock in a research report on Tuesday, June 23rd. Nine analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 389.27.

About Barratt Redrow

Barratt Redrow plc is an exceptional FTSE 100 listed UK home builder, building the homes the country needs, and dedicated to quality, service and sustainability.

Together, we offer a range of highly respected and complementary brands, Barratt, David Wilson and Redrow.

We put our customers at the heart of everything we do, through our focus on:

✅ Quality – We deliver high-quality, energy-efficient homes which are built to the highest standards. Together, we have held more NHBC Pride in the Job Awards than any other housebuilder, for 20 years.